Bottle Pay closes due to new EU regulations

[mlawson71]

The social media crypto tipping service Bottle Pay has decided to shut down because of the new and stricted regulations passed in the European Union regarding cryptocurrencies.
The service announced that it is closing in particular due to the new measures set forth by the European Union’s Fifth Anti-Money Laundering directive (AMLD5) which are supposed to come into effect next month. According to that directive there will be more demanding requirements for the operation of a business in the cryptocurrency industry and Bottle Pay cannot cover those requirement.
Frankly, I am not surprised that this is happening, I think the question is only which will be the next company to shut down.